Technical Progress Reduces the Degree of Competition That Maximizes Investment in Innovation

The relationship between competition and investment is generally characterized by an inverted-U relationship. The position of these curves and, in particular their maximum, i.e, the degree of competition that maximizes investment, depends on the degree of technical progress that characterizes each industry. Industries experiencing a high degree of technical progress, as information technologies, maximize their investments in innovation for lower degrees of competition than other industries. Sectoral and competition authorities should take this into account for regulation of competition.Information technologies should not be regulated as brick and mortar industries

MoreLess

Year of publication:	[2021]
Authors:	Jeanjean, François
Publisher:	[S.l.] : SSRN
Subject:	Technischer Fortschritt \| Technological change \| Theorie \| Theory \| Wettbewerb \| Competition \| Innovation \| Investition \| Investment

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Which error do you want to report?

Report: URL of this record is broken

Please note: Sometimes more than one URL is available for a resource. Please click on "More Options" to display these URLs

Report: Addition of an URL to that resource

Please note: Sometimes more than one URL is available for a resource. Please click on "More Options" to display these URLs

Report: The language(s) of that resource is/are…

Please note: Required language not in the list? Please use comment field

Report: Addition of an identifier to that resource

Report: report typo

Report: Add statement

Report: Add keywords

Please use the commentary box to describe other errors

Would you like to receive a feedback?

Commentary

Please type the code from the image

For general questions please use this address.

Persistent link: https://www.econbiz.de/10013242311